Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by FFT Wealth Management LLC

FFT Wealth Management LLC lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,375,005 shares of the company’s stock after selling 93,670 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 7.5% of FFT Wealth Management LLC’s portfolio, making the stock its 3rd largest position. FFT Wealth Management LLC owned 0.08% of Vanguard Total Bond Market ETF worth $98,877,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Franklin Resources Inc. boosted its stake in Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after acquiring an additional 3,322,588 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in Vanguard Total Bond Market ETF by 9,287.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock valued at $203,259,000 after acquiring an additional 2,796,469 shares in the last quarter. State Street Corp boosted its stake in Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after acquiring an additional 1,863,233 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in Vanguard Total Bond Market ETF by 9.4% in the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after acquiring an additional 1,664,458 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $73.33 on Wednesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The company has a fifty day moving average of $72.10 and a two-hundred day moving average of $73.27.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.